Question

Moumita Paul's image
Moumita Paul
July 11, 2017, 6:34 p.m.

Cash Sales Limit In a single person in a day ?

Answer
Maths
nithin joel's image
nithin joel
July 11, 2017, 6:02 p.m.

Solve for x

√3x^2+10x+7√3=0

By factorisation or completing the square or quadratic formula

Answer
Mani Dhillon's image
Mani Dhillon
July 11, 2017, 5:52 p.m.

find the equation of plane determined by points A=(3,-1,2) and B=(5,2,4) and C=(-1,-1,6)

Answer
Accounts Tax GST
Saurabh Kumar's image
Saurabh Kumar
July 11, 2017, 5:07 p.m.
Hi 

Please request to you that I need creat more tally user ID & passward in our company.
Answer
sachin dev agrawal's image
sachin dev agrawal
July 11, 2017, 4:50 p.m.
Ki Kya cost hogi 

Answer
Rajeev Sharma's image
Rajeev Sharma
July 11, 2017, 3:59 p.m.

Sir, Thanks for your support for journal entry in case of freight under GTA in GST but i need some other.

What part of GST ie, SGST, CGST OR IGST?

 

Please confirm.

Answer
Mukesh Rapeswal's image
Mukesh Rapeswal
July 11, 2017, 3:08 p.m.
Service provider company like security guard 
How make to invoice with epf and esi
With example 
Answer
Mukesh Rapeswal's image
Mukesh Rapeswal
July 11, 2017, 3:01 p.m.
Service provider company like security guard 
How make to invoice with epf and esi
Answer
hem1717's image
hem1717
July 11, 2017, 1:16 p.m.

Hi Team there! Would you please let me know that is it still important to keep in mind; the return filing procedures, old tax rates, rules, compliances etc. of old indirect taxes, with respect to interview preparation as new GST already in effect now? Not only me , my other friends also have the same query. Pls do reply.

Thanks in advance!

Answer
shruti tax's image
shruti tax
July 11, 2017, 1:13 p.m.

An individual who has covered under tax audit shows assets details  in his balance sheet as individual asset like machinery, vehicle, etc..  now he sold one of he car at profit and purchase another after 7 months.My question is whether i should calculate loss/ gain on individual asset or calculate as per block concept. but assets not shown in books as per block. 

If i calculate depreciation as per income tax return( i.e 15% block) it is different from calculation of individual assets concept.

Please help

Answer
Vijay A Shah Airvindbhai's image
Vijay A Shah Airvindbhai
July 11, 2017, 12:54 p.m.

84484950 hsn cod detail

Answer
Rahul Bhanwar's image
Rahul Bhanwar
July 11, 2017, 10:43 a.m.

Hi i am manufacturing LED light electronic plastic body mandirs. what is the correct HSN code & GST for the same. Please help

Answer
Siddhesh Sonawane's image
Siddhesh Sonawane
July 11, 2017, 10:30 a.m.
What is the balance sheet

Answer
somashekar r's image
somashekar r
July 11, 2017, 10:15 a.m.
What is rational number
Answer
Accounts Tax GST
Arvind Uniyal's image
Arvind Uniyal
July 11, 2017, 8:33 a.m.
Entry for petty cash
Answer
tarannum Akeel's image
tarannum Akeel
July 11, 2017, 6:48 a.m.

(1,1) (2,2) (1,2) is a transitive or not

 

 

Answer
Laxmikant Hosahalli's image
Laxmikant Hosahalli
July 11, 2017, 12:37 a.m.
What is  ITC in this table?
Answer
sudiptab009's image
sudiptab009
July 11, 2017, 12:36 a.m.

Hi...

I have a query regarding Depreciation...
As per my knowledge depreciation is a one time entry which is passed at the year end..

Eg;- 31/3/17.  Dep for P&M A/c....Dr.    50,000
                             To prov for dep for P&M A/c.   50,000
                       (Say, 5,00,000@10%)
and so on....

Now tell me...is it ever possible to pass the above mentioned entries every month (i.e on monthly basis) on any kind of provisional basis..!!??

Eg;- 30/4/16.       Dep for P&M a/c....Dr.    2,000
                                      To PFD for P&M A/c.  2,000

          31/5/16.     Dep for P&M a/c....Dr. 2,000
                                      To PFD for P&M a/c.  2,000
               (this amount of 2,000 is on provisional basis)

And so on....

Then at year end a reverse entry is passed to adjust the excess or short of dep, as the case may be.. and a final entry is passed with actual amount of Dep.

Would like to confirm whether such type of practice is even acceptable in practical world...??

Hope i got my query understandable..

Thanks in advance..



Answer
Accounts Tax GST
sudiptab009's image
sudiptab009
July 11, 2017, 12:32 a.m.
Hi...

I have a query regarding Depreciation...
As per my knowledge depreciation is a one time entry which is passed at the year end..

Eg;- 31/3/17.  Dep for P&M A/c....Dr.    50,000
                             To prov for dep for P&M A/c.   50,000
                       (Say, 5,00,000@10%)
and so on....

Now tell me...is it ever possible to pass the above mentioned entries every month (i.e on monthly basis) on any kind of provisional basis..!!??

Eg;- 30/4/16.       Dep for P&M a/c....Dr.    2,000
                                      To PFD for P&M A/c.  2,000

          31/5/16.     Dep for P&M a/c....Dr. 2,000
                                      To PFD for P&M a/c.  2,000
               (this amount of 2,000 is on provisional basis)

And so on....

Then at year end a reverse entry is passed to adjust the excess or short of dep, as the case may be.. and a final entry is passed with actual amount of Dep.

Would like to confirm whether such type of practice is even acceptable in practical world...??

Hope i got my query understandable..

Thanks in advance..
Answer